Inditex (ITX) Given a €30.00 Price Target at Goldman Sachs Group
A number of other analysts also recently weighed in on ITX. Royal Bank of Canada set a €32.00 ($37.21) price target on shares of Inditex and gave the company a buy rating in a research report on Tuesday, August 28th. Morgan Stanley set a €21.00 ($24.42) price target on shares of Inditex and gave the company a sell rating in a research report on Wednesday, August 29th. JPMorgan Chase & Co. set a €35.00 ($40.70) price target on shares of Inditex and gave the company a buy rating in a research report on Thursday, August 30th. Credit Suisse Group set a €24.00 ($27.91) target price on shares of Inditex and gave the stock a sell rating in a report on Monday, September 3rd. Finally, Societe Generale set a €33.00 ($38.37) target price on shares of Inditex and gave the stock a buy rating in a report on Friday, September 7th. Three investment analysts have rated the stock with a sell rating and fourteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of €31.24 ($36.32).
Inditex has a 52-week low of €23.00 ($26.74) and a 52-week high of €36.90 ($42.91).
Industria de Diseno Textil SA, known as Inditex SA, is a Spain-based company primarily engaged in the textile industry. The Company’s activities include the design, confection, manufacturing, distribution and retail of men, women and children apparel, footwear and fashion accessories, as well as home furnishings and household textile products.
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